8517 Pershing Drive

    Playa Del Rey, CA 90293
    • $2,491,000
    • STATUS: Active
    • ON SITE: 60 days
    • ID#: 20549144
    UPDATED: 43 min ago
    $2,491,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    This is not a stand alone sale. THREE BUILDINGS/16 UNITS: 8517 (4 UNITS), 8521 (6 UNITS) AND 8527 ( 6 UNITS) PERSHING DR. are sold only as an assemblage. Total list price for all three buildings is $7,950,000. Three blocks from the beach, This is 13,600 sf of property (living space) on a 15,001 sf lot is zoned LAC-2. According to LA City Planning, the property supports 34 possible units. Develop, remodel or buy and hold. Currently 3 units (Two 1-bedroom and One 2-bedroom) are tenant-free and can be viewed on request. Prime location in the hub of Silicon Beach. Close to Manhattan, Venice, Marina Del Rey, Playa Vista and Culver City. Near transportation, shopping, schools and business. 10 double private garages and laundry on site. Commercial alley at rear of Property. 59% potential income upside

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-31T07:27:47.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.

    www.teamforss.com/homes/102777850

    8517 Pershing Drive Playa Del Rey, CA 90293

    • Price: $2,491,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: 20549144
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1954
    Built
    Neighborhood:
    C31 - Playa Del Rey
    County:
    Los Angeles
    Area:
    C31 - Playa Del Rey
    Property Description
    This is not a stand alone sale. THREE BUILDINGS/16 UNITS: 8517 (4 UNITS), 8521 (6 UNITS) AND 8527 ( 6 UNITS) PERSHING DR. are sold only as an assemblage. Total list price for all three buildings is $7,950,000. Three blocks from the beach, This is 13,600 sf of property (living space) on a 15,001 sf lot is zoned LAC-2. According to LA City Planning, the property supports 34 possible units. Develop, remodel or buy and hold. Currently 3 units (Two 1-bedroom and One 2-bedroom) are tenant-free and can be viewed on request. Prime location in the hub of Silicon Beach. Close to Manhattan, Venice, Marina Del Rey, Playa Vista and Culver City. Near transportation, shopping, schools and business. 10 double private garages and laundry on site. Commercial alley at rear of Property. 59% potential income upside
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Two Door Parking YN Yes

    Interior Features

    Appliances DisposalRefrigeratorVented Exhaust Fan Appliances YN Yes Cooling None Cooling YN No

    Property Features

    Gross Income 77610.00 Gross Multiplier 0.00 Gross Operating Income 77180.00 Net Operating Income 34215.00 Senior Community YN No Special Listing Conditions Standard Zoning Lac2

    Listing provided courtesy of Thomas Corte of Era Matilla Realty and Dana Wright of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-31T07:27:47.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.

     
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